Santander Group has announced its acquisition of invoicing and expenses app Albert. The acquisition is part of its mission to support the UK’s 5.7 million small business owners.
For an undisclosed amount, the acquisition has helped Santander get the entire team and technology of Albert.
No changes will be made to the functioning of the Albert app as it will continue to provide uninterrupted service to its customers.
Lindsey Argalas, Santander Group chief digital and innovation officer, says: “It is our shared belief that small businesses owners should have access to the tools that help them work smarter, and that deliver the same instant, seamless and personal experiences in finance, as they get in their daily lives.”